Revenue Breakdown
Composition ()
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Revenue Streams
Veris Residential Inc (VRE) generates its revenue through a diversified portfolio of business segments. Currently, the largest contributor to its top-line growth is Multifamily Real Estate & Services, accounting for 91.7% of total sales, equivalent to $66.90M. Other significant revenue streams include Commercial & Other Real estate and Corporate and Other. Understanding this composition is critical for investors evaluating how VRE navigates market cycles within the Residential REITs industry.
Profitability & Margins
Evaluating the bottom line, Veris Residential Inc maintains a gross margin of 63.36%. This metric reflects the company's pricing power and manufacturing efficiency. Further down the income statement, the operating margin stands at 21.25%, while the net margin is -1.01%. These profitability ratios, combined with a Return on Equity (ROE) of 6.35%, provide a clear picture of how effectively VRE converts its operational activities into shareholder value.
Comparative Benchmarking
In the context of the broader market, VRE competes directly with industry leaders such as WSR and EFC. With a market capitalization of $1.76B, it holds a leading position in the sector. When comparing efficiency, VRE's gross margin of 63.36% stands against WSR's 67.08% and EFC's 27.60%. Such benchmarking helps identify whether Veris Residential Inc is trading at a premium or discount relative to its financial performance.
